Tag Archives: Euro

Negative trading dominated the movements of the EUR/USD pair after it collided with the psychological barrier resistance level at 1.0600, which forced the pair to retest 1.0500. On the technical side today, with a closer look at the 4-hour chart, we find the pair stable below the sub-resistance at 1.0550. …

European stocks fell on Friday after US inflation data fueled fears that interest rates will remain high for longer, while weak inflation data from China exacerbated concerns about the global economy. The European STOXX 600 index fell 0.2 percent by 0704 GMT. Shares of mining companies and oil and gas …

Negative trading dominated the movements of the EUR/USD pair during the previous trading session after the US inflation data, which led the US dollar to rise. On the technical side, the euro witnessed immediate stability below the support level of 1.0550, indicating that sneaking below the mentioned level may force …

European stocks hit a three-week high on Thursday, supported by a new round of decline in government bond yields and investor relief due to dovish comments from Federal Reserve officials. The European STOXX 600 index rose 0.6 percent by 0711 GMT, with the mining and car manufacturing sectors leading the …

The EUR/USD pair obtained positive signals during the previous trading session, touching the first target achieved in the last report at the price of 1.0640, recording its highest level of 1.0635. On the technical side today, by looking at the 4-hour chart, we find that the simple moving averages still …

The technical outlook remains unchanged, and there has been no significant change in the movements of the EUR/USD pair as part of the continued attempts to gradually rise upward within the expected bullish context, recording its highest level at 1.0620. Technically, and with a closer look at the 4-hour time …

European stocks rebounded strongly on Tuesday, as reassurance from US monetary policy officials about interest rates and a decline in oil prices helped calm investor fears after conflict in the Middle East fueled a rush towards safe-haven assets. The European STOXX 600 index rose 1 percent by 0709 GMT, after …

A quiet, gradual rise for the EUR/USD pair in light of the absence of US markets yesterday, trying to reduce its previous losses and begin attacking the psychological barrier resistance level of 1.0600. Technically, and with a closer look at the 4-hour time frame chart, we find that the EUR/USD …

Most European stock markets opened lower on Monday as the ongoing clashes in the Middle East led to a rush towards safe haven assets such as bonds and gold, and oil prices rose by more than three percent. The European STOXX 600 index fell 0.2 percent by 0710 GMT, with …

Following a significant spike in T-bond yields, the market has momentarily stabilized, but Americans continue to borrow heavily despite Fed Chair Jerome Powell’s 18-month efforts to alter their borrowing and spending habit.Middle East tensions could boost gold, US dollarTensions in Palestine are causing investors to seek safe-haven assets and monitor …